Jan 19, 2024
European shares clock weekly declines as rate-cut euphoria fades

By Shashwat Chauhan and Shristi Achar A (Reuters) -European shares logged weekly declines on Friday, as investors tempered their expectations around major central banks reducing borrowing costs this year, with the focus now squarely on the European Central Bank's next…

Jan 17, 2024
US FAA says first 40 inspections of Boeing 737 MAX 9 planes complete

By David Shepardson and Valerie Insinna WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) said on Wednesday that inspections of an initial group of 40 Boeing 737 MAX 9 jets had been completed, a key hurdle to eventually ungrounding the model…

Jan 17, 2024
Trump is warned he may be ejected from Carroll trial

By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -A federal judge warned Donald Trump on Wednesday he could be kicked out of writer E. Jean Carroll's defamation trial if he kept making disparaging comments that the jury could hear.…

Jan 17, 2024
Google to tweak search results to comply with EU tech rules

By Foo Yun Chee BRUSSELS (Reuters) - Alphabet's Google will tweak online search results to give comparison sites more prominence, the company said in a blogpost on Wednesday, as it outlined efforts to comply with new EU tech rules that…

Jan 17, 2024
Rogers family’s two members to retire from telecom giant’s board

(Reuters) - Rogers Communications said on Wednesday Deputy Chair Melinda Rogers-Hixon and Martha Rogers have decided to retire from the Canadian telecom giant's board as part of a private settlement between the members of the founding family. The wireless carrier…

Jan 17, 2024
Citigroup sees Fed’s first rate cut in June

(Reuters) -Citigroup pushed forward its forecast of the U.S. Federal Reserve's 25 basis-point interest rate cut to June from July, citing the central bank's dovish stance, falling inflation, and rising pressures from geopolitical risks. The brokerage said on Wednesday it…

Jan 17, 2024
Homebuilder confidence jumps by the most in 11 months – NAHB

By Amina Niasse NEW YORK (Reuters) - U.S. homebuilder confidence spiked in January by the most since February 2023 as declining interest rates for mortgages enhanced affordability for many buyers who were priced out of the market last year. The…

Jan 12, 2024
Google Ends Cloud Switching Fees, Pressuring Amazon and Microsoft

Google Makes It Easier To Transition Between Cloud Computing Providers The cost associated with transitioning between cloud computing providers has frequently been a subject of criticism. The services have been disparaged as "roach motels," allowing businesses to enter but making…

Jan 11, 2024
US bitcoin ETFs see $4.6B in volume in first day of trading

By Hannah Lang, Suzanne McGee and Manya Saini (Reuters) - U.S.-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by…